Oil prices spiked after the U.S. announced a Hormuz blockade. Leveraged oil ETFs like ERX, GUSH, DIG and OILU could benefit.
Energy ETFs gain appeal as oil prices are expected stay above pre-conflict levels, with supply shocks, stalled Iran talks & tight markets indicating sustained price strength.
With crude rallying on the U.S.-Iran conflict, leveraged ETFs like DIG, ERX, GUSH and OILU offer bold plays on short-term energy momentum.
Oil price surge raises the appeal for leveraged energy ETFs as these offer huge gains in a very short time frame.